E2401596
Job Description
Job Title :Sr. Finance Specialist (L07)
Company Overview
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.
- We have recently been ranked #5 among India's Best Companies to Work for 2023, #21 under LinkedIn Top Companies in India list, and received Top 25 BFSI recognition from Great Place To Work India. We have been ranked Top 5 among India's Best Workplaces in Diversity, Equity, and Inclusion, and Top 10 among India's Best Workplaces for Women in 2022.
- We offer 100% Work from Home flexibility for all our Functional employees and provide some of the best-in-class Employee Benefits and Programs catering to work-life balance and overall well-being. In addition to this, we also have Regional Engagement Hubs across India and a co-working space in Bangalore.
Organizational Overview: Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.
Role Summary/Purpose
This role will support Cash Accounting processes including daily balancing of customer related payment activity, disbursements, month-end close, and month-end reconciliations.
Key Responsibilities
- Detailed knowledge of process flow of assigned accounts and Blackline balancing procedures
- Completion of daily balancing/tasks for all assigned accounts and monitoring of aged items in accordance with assigned thresholds
- Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.
- Process improvement ideas for assigned accounts and implementation of small scope improvements
- Completion of month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards
- Support of Governance initiatives including job aid preparation, updates, and testing
- Support adhoc reporting requests
- Other duties as assigned
Required Skills/Knowledge
- Bachelor's Degree in Accounting or Finance
- Minimum of two years of accounting experience
- Minimum of two years of experience working on Journal Entries and Reconciliations.
- Excellent communication skills both oral and written.
Desired Characteristics
- Excellent analytical and problem solving skills
- Software Skills (Excel, Word, PowerPoint)
- Excellent organization and follow up skills
- Ability to execute in a fluctuating environment
- Demonstrated commitment to quality and customer service
- Experience with reconciliation systems (Blackline)
- Experience with Treasury systems
- Experience with Oracle
- Prior banking experience
Eligibility Criteria: Bachelor's Degree in Accounting or Finance with 2 years of experience or in lieu of a degree 4 years of experience .
Work Timings: 03:00 PM - 12:00 AM IST
For Internal Applicants
- Understand the criteria or mandatory skills required for the role, before applying.
- Inform your Manager or HRM before applying for any role on Workday.
- Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (First Formal/Final Formal, PIP)
- L4 - L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
- L4+ can apply.
Grade / Level: 07
Job Family Group
Finance
